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SHI Zvezda Shipbuilding Form a Joint Venture

first_imgzoom South Korean shipbuilding major Samsung Heavy Industries (SHI) has signed a term sheet with Russian counterpart Zvezda Shipbuilding Complex for the establishment of a joint venture (JV) aimed at managing construction projects of Arctic shuttle tankers.The joint venture will provide technical support for the construction of Arctic shuttle tankers at the Russian yard of various sizes ranging from 42,000 to 120,000 DWT.The tankers are intended to be used for the export of oil produced at the fields of Rosneft, as well as for other Russian and foreign producers.“Cooperation with Samsung Heavy Industries (SHI) will facilitate the development of advanced shipbuilding technologies at Zvezda Shipbuilding Complex,” a statement from the company said.The joint venture is being set up as sections for four ice-class supply vessels are being laid at the yard together with the commissioning of a heavy outfitting dock.Separately, the joint venture of Zvezda Shipbuilding Complex and Hyundai Samho Heavy Industries Co., LLC Zvezda-Hyundai signed a contract with Lazurit Design Bureau for development of design documentation for building Aframax type tankers using gas engine fuel.Zvezda has also signed an agreement with the French Engineering Company Gaztransport & Technigaz (GTT) on technical evaluation of the company’s potential to build membrane systems for LNG storage with further acquisition of the GTT license for gas-carrier construction.This agreement was signed as a follow up of agreements reached in June 2017 at Saint-Petersburg International Economic Forum.Rendering of Zvezda Shipbuilding ComplexAs disclosed, the deal envisages technical assessment of the shipyard according to GTT standards and development of the action plan that will enable the shipbuilder to master the production of membrane type liquefied gas storage systems.“After training of staff responsible for implementation of the project, Zvezda Shipbuilding Complex will fabricate a full-scale model of GTT storage system and the French engineering company will be able to take a decision about providing the shipyard with certification,” the company said.Zvezda Shipbuilding Complex plans to launch production of gas carrier vessels as one of the priorities of the production program of the shipyard.The Russian shipbuilding firm is being created on the basis of the Zvezda Far Eastern Shipyard by a consortium of Rosneftegaz, Rosneft and Gazprombank.Once completed in 2018, the complex is planned to be able to construct tankers with a displacement of up to 350,000, DWT LNG carriers up to 250,000 cbm, ice class vessels, specialized vessels with a launch weight up to 29,000 tons, offshore platform units, and other types of ships.last_img read more

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I never thought I would live to see justice Indian day school

first_imgAmber BernardAPTN NewsA plaintiff in the Indian Day Schools Settlement says the agreement and compensation for day school survivors will help many heal from the wounds inflicted on them decades ago.Claudette Commanda, an Algonquin elder, has been in court for about 10 years now.“I never thought I would see justice and for me,” she said. “It’s more than justice — it’s validation that the government did wrong…against the First Nations children.”Individual compensation under the settlement ranges from $10,000 to $200,000, depending on the severity of abuse suffered.Lead plaintiff Margaret Swan doesn’t believe the money alone will heal wounds, but that the settlement is a step in the right direction.“There’s never going to be enough money to compensate the damage that’s been done to our people,” Swan told ATPN News. “However, this money that’s being provided to our people will help some of us to a certain degree.”Commanda wants to see applications and compensation for survivors distributed as soon as possible because some never lived to see justice.“We don’t want to drag this on because survivors are dying,” she said. “We want to make sure survivors are eligible for their compensation and that they receive their compensation. It belongs to them, period.”Family members of survivors who have passed away will be able to make estate claims on their behalf.There will also be a $200 million fund for commemorative projects.Plaintiffs and the federal government will be meeting in the coming weeks to discuss further details of the read more

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Underpaid women 7th standard student answers Math question with a social angle

first_imgFacebookPhotos of a Mathematics exam paper answer sheet apparently completed by a seventh standard student is now the hottest debating point among Indian users in social media platforms like Facebook and Twitter.The question was very simple: “A woman earns Rs 18,000 in 15 months. How much money she will earn in a month? How much she can earn in seven months? How long will it take for her to earn Rs 30,000?”The student answered each of these questions correctly without any mistakes. And at the end of the answer, he wrote a very thought-provoking sentence, “This woman worker is underpaid.”As this kind of an answer was never expected from a child studying in the seventh standard, photos of the answer sheet are now going viral on the internet. But the words from this student pose a million questions to the Indian society, which is primarily male-oriented.Why women are being treated as second-class citizens, especially in the labor sector? PixabayCiting the example of Kerala, we can clearly say that there is a heavy disparity in pay between men and women workers. A man who is doing construction work earns somewhere around Rs.700-1000 a day in Kerala, but a woman gets only between Rs.300-450.In the textile industry too, women employees are facing severe atrocities from the side of the management. A year ago, it was reported that some of the leading textile showrooms in Kerala were not paying as per norms to saleswomen, and they are not supposed to sit inside the shop even when customers were not there.These are broad daylight facts we notice at a time when the whole nation is talking and fighting for gender justice. If the condition of women in a highly educated state like Kerala is so pathetic, then what will be the case of women workers in other states?It’s time for authorities to answer the way the Seventh Standard student mentioned in his/her answer sheet.last_img read more

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IndiaWestinghouse deal to build six nuclear reactors to be signed in 2016

first_imgIndia expects to seal a contract with Westinghouse Electric Co LLC to build six nuclear reactors in the first half of next year, a senior government official said, as a sign that its $150 billion dollar nuclear power program is getting off the ground.The proposed power plant in Prime Minister Narendra Modi’s home state of Gujarat will accelerate India’s plans to build roughly 60 reactors, which would make it the world’s second-biggest nuclear energy market after China.India wants to dramatically increase its nuclear capacity to 63,000 megawatts (MW) by 2032, from 5,780 MW, as part of a broader push to move away from fossil fuels, cut greenhouse gas emissions and avoid the dangerous effects of climate change.The United States signed a pact with India in 2008, opening the way for nuclear commerce that had previously been stymied due to New Delhi’s nuclear weapons program and shunning of the global Non-Proliferation Treaty (NPT).Hopes that reactor makers would get billions of dollars of new business evaporated after India adopted a law in 2010, giving the state-run operator Nuclear Power Corp of India Ltd (NPCIL) the right to seek damages from suppliers in the event of an accident.Indian officials have been trying to assuage suppliers’ concerns, including setting up an insurance pool with a liability cap of 15 billion Indian rupees ($226.16 million). A final hurdle – ratification of the International Atomic Energy Agency’s Convention on Supplementary Compensation for Nuclear Damage (CSC) – is expected within weeks, the Indian government official said.The CSC requires signatories to shift liability to the operator and offers access to relief funds.In a statement, Westinghouse said it expected India would move towards a framework that satisfies the CSC and channels accident liability exclusively to the operator. The statement made no reference to ongoing negotiations.Shares of Westinghouse’s parent, Toshiba Corp, jumped as much as 3.3% on Thursday after the news, before slipping back. A Toshiba spokesman declined to comment on the report, but noted that Westinghouse has been confident of winning orders from India.A deal with Westinghouse could also put pressure on General Electric Co, whose nuclear energy venture with Hitachi was offered a site six years ago to build reactors.GE Hitachi Nuclear Energy said it had strong interest in India, and that the CSC would be “a sustainable solution to concerns about India’s existing domestic nuclear liability law” but no decision has been made to move ahead with the plan.India’s plans for ramping up nuclear capacity has in the past fallen far short of targets, and industry officials say that the aim to lift the share of nuclear power to a quarter of its energy mix, from barely 3% now, is very ambitious.NO MORE TECHNICAL HURDLESLater this week, India is expected to offer Russia a site in its southern state of Andhra Pradesh to build six reactors, on top of the six it is already expected to build in neighbouring Tamil Nadu, Indian and Russian officials have said. Separately, India expects Japan, which supplies components used in most reactors, to ratify an agreement sometime in the second quarter of 2016 to support its nuclear program, another senior Indian government source said. “There are no more technical hurdles in the development of nuclear energy for peaceful purposes,” the source said. French nuclear company Areva, which uses Japanese components, also has a deal to build six reactors in India, although restructuring within that company was likely to delay construction until 2017, the first official said.French utility EDF agreed earlier this year to buy a majority stake in Areva’s reactor business. Areva has been in price negotiations with NPCIL for several months now, officials at the Indian operator told Reuters in November.Areva did not immediately respond to a request for comment.WESTINGHOUSE DEALNegotiators from Westinghouse and Indian operator NPCIL have held several rounds of talks on the nuclear plant in Mithi Virdi, the government official said.NPCIL declined to comment on the negotiations. Federal minister for Atomic Energy Jitendra Singh told parliament this month that talks were going on with French and US firms to arrive at project proposals. He offered no details.But the government source said Westinghouse and NPCIL were negotiating all six reactors in one go, instead of an earlier plan to strike deals for two at a time.Construction of the roughly 1,100 MW reactors could begin later in 2016, the official, who is close to the negotiations, added.The idea was to allow the Americans and the French, India’s two close partners, to catch up with the Russians in its nuclear sector, the official said. “This is a train that is moving soon,” the official said.last_img read more

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2 ministers blame traders journos for rice price hike

first_imgCommerce minister Tofail Ahmed and food minister Quamrul Islam blamed dishonest businessmen for the unbridled price hike of rice in the country.The two ministers also questioned the responsibility of the journalists who are disseminating information of the rice price hike. They were talking to reporters at their respective secretariat offices on Thursday.Tofail Ahmed said, “India hasn’t stopped exporting rice. They have over 10 million tonnes of rice for export whereas a group of dishonest businesspeople have created a fake letter which said India has stopped exporting rice to Bangladesh.”Claiming that there is no shortage of rice in the country, the commerce minister said, “The corrupt traders created the fake letter to disrupt the rice market and a few newspapers and TV channels came up with reports based on this fake letter that has no signature.”Criticising the journalists, he said, “The journalists need to behave more responsibly for the 160 million people of the country. They must cross check before preparing reports. Preparing reports based on thin air is uncalled for.”The minister further said the government has directed the deputy commissioners and police supers to conduct drives against illegal hoarders of rice. “Those who are doing this to tarnish the image of the government will not be spared.”In response to a question, Tofail Ahmed said the Bangladesh High Commission in India and High Commission of India in Bangladesh would be the first to know about any such order [about stopping export of rice to Bangladesh]. “I have contacted both the offices and they said this is a blatant lie.”Meanwhile, the food minister, in a press conference at the ministry’s conference room on Thursday, said currently there are 10 million tonnes of rice in the country and there is no crisis of rice. “There is no reason of such a price hike.”Blaming the traders and media for rice price hike, Quamrul said, “Vested quarters are doing politics with the price of rice. They are trying to confuse the people and alarm them with steep rice prices.”He also said the government will sign an agreement with Myanmar to import 200,000 tonnes of rice.The minister also requested journalists not to publish any news that will instigate the price of rice to go up.Issuing a note of warning to rice millers and hoarders, Quamrul said, “ Stop doing politics over the issue.”He also informed the journalists that they have called the millers and leaders of rice traders’ association on 19 September for a meeting. Commerce and agriculture affairs ministers will be present.Mentioning that the government has taken steps to control the rice price, food minister said law enforcers have seized 50,000 tonnes of rice from trader Abdur Rashid’s mill and fined him Tk 50,000.“Law enforcing agencies are working to control the price hike. I also seek your [journalists] help.”He said the government will begin OMS (open market sale) of rice at Tk 15 a kg and of flour at Tk 17 a kg. The scheme will be started at the divisional towns initially.The minister also mentioned that importers brought 600,000 tonnes of rice from India after the government had decreased duty.Quamrul said they government has imported 250,000 tonnes of rice from Vietnam. Of this amount, 154,000 tonnes have been sent in different warehouses of the country. The rest of rice is waiting to be unloaded.Quoting Benapole customs house commissioner Shawkat Hossain, Prothom Alo Jessore office reported that Benapole customs house and Petrapole land port authority of India have not received any letter on temporary ban of rice export to Bangladesh.“Rice is being imported at a regular pace daily,” he added.last_img read more

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Incidents at Montgomery County Maryland School Stir Allegations of Racism

first_imgPOTOMAC, Md. (AP) —Winston Churchill High School officials in Potomac, Maryland are being called on to better address racially charged incidents that have occurred at the school.The Washington Post reports ( that last month, two students taped a “Whites only” sign to a school’s bathroom door. In a Dec. 7 incident, students allegedly entered a Republican club meeting, called the members racist and wrote “Black Lives Matter” on a classroom whiteboard.Montgomery County Republican leader Richard Jurgena addressed the county school board on Tuesday and called for a “complete, rapid and nonpartisan” investigation of the Dec. 7 incident.A Churchill employee told the Washington Post that the school didn’t alert teachers about either incident. Sixteen-year-old student Ethan Miller says school officials need to better inform parents and students about problems at the school.Churchill’s principal, Joan Benz, didn’t respond to requests for comment.___Information from: The Washington Post, http://www.washingtonpost.comlast_img read more